PYTH funding rates

PYTH perpetual funding is currently quoted across 8 venues, ranging from -12.2% to +10.9% APR. The most reliable delta-neutral pairing for PYTH right now is long Kraken / short Lighter at +11.8% net APR (high risk, ~3.1d to break even).

as of 2026-06-14 07:18 UTC
Best delta-neutral pairing
Long Kraken / Short Lighter
+11.8% net APR
Backtested (30d)
-10.8%
Stability
47.4%
Risk
high
Breakeven
~3.1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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PYTH funding by exchange

ExchangeFunding APR
Hyperliquid+10.95%
Aster+10.95%
Variational+10.95%
EdgeX+10.95%
Lighter+10.51%
Paradex+9.68%
dYdX+0.00%
Kraken-12.15%

Frequently asked

What is the PYTH funding rate right now?

PYTH perpetual funding ranges from -12.15% to 10.95% APR across 8 exchanges we track; the widest delta-neutral spread is long Kraken / short Lighter at 11.8% net APR.

Which exchange has the highest PYTH funding rate?

Hyperliquid currently has the highest at 10.95% APR. See the full ranking above.